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Pan American Silver(PAAS) - 2025 Q2 - Earnings Call Presentation

Financial Performance - Adjusted earnings were $155.4 million, or $0.43 per share[11] - Record mine operating earnings reached $273.3 million[11] - Record free cash flow amounted to $233.0 million[11] - The company maintains a strong financial position with $1.9 billion in total available liquidity[11] - Revenue for Q2 2025 was $811.9 million, and for H1 2025 it was $1,585.1 million[13] Production and Costs - Silver production reached 5.1 million ounces, and gold production was 178.7 thousand ounces[11] - Silver Segment AISC (All-in Sustaining Costs) was $19.69 per ounce, while Gold Segment AISC was $1,611 per ounce[11] Liquidity and Debt - Cash and short-term investments totaled $1,109 million[45] - Total debt was $820.7 million, primarily related to senior notes[45] 2025 Operating Outlook - The company is maintaining its 2025 operating outlook[11] - The company anticipates silver production between 20.00 and 21.00 million ounces for the full year 2025[46] - The company anticipates gold production between 735 and 800 thousand ounces for the full year 2025[46]